Nearly two months ago, news outlets were abuzz with rumours that DBS Group Holdings Ltd (SGX: D05) was setting up a digital exchange. DBS then came out to confirm that plans for a digital exchange were in progress, but that it had not received regulatory approval to proceed. Investors were waiting with bated breath for more news following DBS’ clarification, and last week, they finally received it. DBS announced that it will set up a full-service digital exchange that will provide tokenisation, trading and custody for digital assets. While cryptocurrencies such as Bitcoin and Ethereum have been gaining in popularity over the years, the concept is still somewhat foreign to many investors here. This announcement highlights the growing importance of not just cryptocurrencies, but also other digital assets, as the world transitions to a new normal post-COVID-19. But should investors feel excited about this news? What implications does this move have for the bank and the broader financial sector?...